ALM Specialist

The ALM Specialist within the Retail Risk department is responsible for supervising the development of the bank's balance sheet with a focus on funding, liquidity, and capital, to assess liquidity risk exposure in alignment with established risk appetite. The key responsibilities of the role include: - Identifying, assessing, measuring, and monitoring risks related to ALM, such as interest rate, equity, foreign exchange, credit, and liquidity risks. - Providing recommendations, implementing, and updating ALM measurement and reporting metrics as outlined in the ALM framework. - Maintaining a clear understanding of the bank's Risk Management Policies associated with ALM, including investment policies, risk appetite, and stress testing, to support ALM requirements. - Collaborating with Financial Control to develop gap statements for liquidity and profit rate sensitivity, as well as regulatory submissions. - Developing liquidity contingency plans, evaluating ALM limits adequacy, and proposing liquidity risk appetite for management review and action. - Analyzing financial statistical data both quantitatively and qualitatively to inform decision-making processes. - Ensuring strict compliance with RBI and other regulatory guidelines. - Establishing an effective documentation system for storage and retrieval of information. - Overseeing the preparation of timely and accurate liquidity risk MIS statements and reports to meet bank and function requirements, policies, and standards. - Presenting insights, findings, and recommendations through reports and presentations to drive improvements. - Staying updated on the latest market intelligence, benchmarking against competitor banks" best practices, and sharing knowledge within the team. - Recommending process and policy enhancements across Retail Banking to enhance operational efficiencies and customer service quality. - Collaborating with internal stakeholders to leverage in-house synergies. - Fostering a collaborative learning environment and promoting collective ownership of responsibilities within the team. Educational Qualifications: - Graduate: Any - Post Graduate: Any Experience: - 7+ years of relevant experience,